Paragon jumps ahead on phase-out of non-green BTL mortgages

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By Tom Brown
06 Apr 2021

The UK government is planning to tighten the energy efficiency ratings required for buy-to-let mortgages, phasing in the changes through to 2028, but some mortgage lenders are implementing the rules early. The result could mean more collateral for green structured finance transactions as well as a lower risk of default.

As part of its move towards a target of leaving a zero net carbon footprint by 2050, the government will ban buy-to-let mortgages on homes with an energy performance certificate (EPC) of less than band C (on a scale of A to G) by 2028, from a minimum ...

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